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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?


To: Stock Watcher who wrote (14128)8/30/1999 3:35:00 PM
From: Joe Copia  Read Replies (1) | Respond to of 52051
 
CCGR moving slow and nice just how I like my longs.

also: from an email:

$0.90 This could be the next HOT STOCK! Wasatch Pharmaceutical - OTC: BB (WASP) and its wholly-owned subsidiary American Institute of Skin Care is a 14 year old company with a track record of outstanding achievement in the field of Dermatology. The Company has developed (7) proprietary medications that are in the pipeline to be officially approved for over-the-counter sale by the FDA. Approval is expected to come within the next 12 months AND with the approval, NO OTHER CLINICAL TRIALS WILL BE NEEDED. The FDA has indicated to the Company that after approvals they intend to ban the prescription sale of one of the leading and most expensive treatments for Acne now on the market due to severe side effects. WASP's second stage funding is imminent from a California investment banking group that will allow them to expand from their present two company-owned clinics to a clinic in every state. Their 6-year plan calls for the opening of 350 clinics that includes every major City in the U.S. Upon FDA approvals, Loreal wants to private label two of their products, and Carter Wallace wants all of them. The stock sells in the $0.90 range; further news on funding and product approvals should drive the stock higher from these levels. Target price short term $2.00 to $3.00.

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